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euro adhoc: S&T System Integration&Technology Distribution AG / quarterly or semiannual financial statement / S&T: Best 3rd quarter ever

Geschrieben am 24-10-2007


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Disclosure announcement transmitted by euro adhoc. The issuer is responsible
for the content of this announcement.
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9-month report

24.10.2007

Sales double in Business Solutions

October 24, 2007 - Vienna. In 2007, the S&T Group has had the best
3rd quarter since the start of business. In the 3rd quarter of 2007,
S&T achieved sales of EUR122.9 million, an increase of 8.5%. The
sales in IT consulting and solutions pro-jects (business area -
Business Solutions) developed exceptionally well, and with EUR39.4
million, was twice as high in Q3 2007 as in the same period of the
previous year. EBIT for Q3 in 2007 was EUR2.4 million, 62.3% higher
than in Q3 2006. S&T expects further significant increases for the
2007 year end.

The S&T Group plans to double its business by 2010 and to generate
more than 60% of sales in IT consulting and solutions. The 2007 3rd
quarter results bring the Group significantly closer to this
strategic aim. Already almost half of the Q3 sales (49.3%) come from
Business Solutions and Managed Services. The sales in Business
Solutions alone doubled in the 3rd quarter of 2007 to EUR39.4
million. The Managed Services area also made significant gains. With
large outsourcing contracts, S&T achieved an increase in sales of
12.2 % with EUR21.2 million in the 3rd quarter. The sales in
infrastructure business stood at EUR62.3 million in the 3rd quarter
2007, EBITDA rose by 50.5% compared to the previous year to EUR4.4
million and EBIT rose by 62.3% to EUR2.4 million.

January to September 2007: 10.2% more sales S&T achieved total sales
of EUR351.5 million in the first nine months of 2007, representing an
increase of 10.2% compared to the same period in 2006. The Business
Solutions area also performed outstandingly in this period, with
sales of EUR102.5 million, representing growth of 57.1%. Sales in the
business area of Managed Services rose by 12.7% to EUR60.6 million.
Together, these two segments make up 46.4% of total sales. With
infrastructure solutions (Enterprise Systems) S&T achieved sales of
EUR188.4 million (-5.8%) from January to September 2007. EBITDA for
the first nine months of 2007 amounted to 11.4 million euros (-3.0%),
matching the year-earlier level. EBIT posted a significant
improvement, above all due to the record earnings generated in the
third quarter. It totaled 6.1 million euros for the first nine months
of 2007 (-20.3%), halving the restructuring-induced decline of -40.7%
experienced in the first six months of 2007.

Outlook for 2007 For the 2007 financial year S&T expects an increase
in total sales to EUR510-520 million and an increase in EBIT to
EUR13-15 million.

About S&T - www.snt-world.com - XETRA Vienna: SNT With around 3,000
employees and sales of EUR 461.3 million (2006), S&T is the leading
provider of IT consultation, IT solutions and IT services for
customers in CEE, the D-A-CH region and in Asia. Together with IMG,
which was taken over in spring 2007, the group of enterprises has a
successful presence with around 80 branches in 22 countries. S&T´s
core business is consultation, the development, implementation and
operation of tailor-made IT solutions, processes and systems. S&T
supports large and medium-sized enterprises along the entire IT value
chain. S&T especially addresses customers in the manufacturing
industry, the telecommunications sector, public administration,
trade, financial service providers and energy providers as well as
companies in the auto trade and in the aviation and defence
industries. S&T has its headquarters in Vienna and has been listed on
the Viennese stock exchange since 2003.


end of announcement euro adhoc 24.10.2007 07:30:00
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ots Originaltext: S&T System Integration & Technology Distribution AG
Im Internet recherchierbar: http://www.presseportal.de

Further inquiry note:
Armin Baltzer
Head of Investor Relations
Tel: +43 (0)1 367 80 88-1020
Mobil: +43 664 60191 1020
armin.baltzer@snt-world.com
www.snt-world.com

Branche: Computing & Information Technology
ISIN: AT0000905351
WKN:
Index: WBI, ATX Prime
Börsen: Wiener Börse AG / official market


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